Edition:
International

Shadia Nasralla

Carbon capture services could break even in next 10 years -Equinor

Dec 01 2021

LONDON Carbon capture and storage (CCS) services for large industrial emitters could break even in the next 10 years if emitting a tonne of carbon costs around 100 euros per tonne, Equinor's CCS chief said at  the Reuters Next conference .

IEA chief says he hopes OPEC+ will address 'artificial' supply gap

Nov 24 2021

LONDON (Reuters) -The head of the International Energy Agency Fatih Birol said on Wednesday oil markets are suffering from an artificial supply gap, and that he hopes OPEC+ producer countries will do more to bring down prices at an upcoming meeting.

Shell ditches the Dutch, seeks move to London in overhaul

Nov 15 2021

LONDON Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas. | Video

Biggest carbon emitter blame game troubles COP26 talks

Nov 11 2021

GLASGOW Disputes over money are complicating efforts to get a deal at the U.N. climate talks, as developing countries push for rich nations to shoulder the costs of climate change.

'Beyond Oil' alliance adds members, but shunned by UK climate summit host

Nov 11 2021

GLASGOW A fledgling international alliance to halt new oil and gas drilling added six members on Thursday during the U.N. climate conference, but did not get the support of any major fossil fuel producers or the British government, host of the talks.

'Beyond Oil' alliance lands members, but shunned by UK climate summit host

Nov 11 2021

* Beyond Oil and Gas Alliance aims to throttle fossil fuel supply

Volvo Cars sets carbon price to assess sustainability of new projects

Nov 11 2021

(This Nov. 10 story corrects to read Volvo Cars in headline, paragraphs 1, 4 and 8)

CORRECTED-Volvo Cars sets carbon price to assess sustainability of new projects

Nov 11 2021

GLASGOW, Nov 10 Swedish automaker Volvo Cars said on Wednesday it had set a price on carbon emissions from its operations of 1,000 Swedish crowns ($116.30) a tonne, part of attempts to ensure all future projects are sustainable.

OPEC makes case for fossil fuels at UN climate conference

Nov 10 2021

GLASGOW (Reuters) -Top representatives of the oil producer group OPEC defended a future role for fossil fuels at the U.N. climate conference https://www.reuters.com/business/cop on Wednesday, arguing the world can slash greenhouse gas emissions without swearing off oil and gas.

World News

First Omicron case in U.S. fuels global alarm over virus variant

TOKYO/WASHINGTON (Reuters) -Fears over the impact of the Omicron variant of the coronavirus rose on Thursday after the first case was reported in the United States and the Japanese central bank warned of economic pain as countries respond with tighter containment measures.